Print syllabusComparative Socio-Economic Systems
General data
| Course ID: | 2104-UPIR-D3CSES |
| Erasmus code / ISCED: |
14.6
|
| Course title: | Comparative Socio-Economic Systems |
| Name in Polish: | Comparative Socio-Economic Systems |
| Organizational unit: | Faculty of Political Science and International Studies |
| Course groups: |
(in Polish) Stosunki Międzynarodowe -UPIR- DZIENNE 3 semestr 2 rok |
| Course homepage: | http://- |
| ECTS credit allocation (and other scores): |
4.00
|
| Language: | English |
| Type of course: | obligatory courses |
| Prerequisites (description): | The aim of this module is to make students familiar with theoretical and empirical aspects of state influence on economy and economic growth. The programme is designed to focus on both macro- and microeconomic mechanisms of state economic intervention and their effects. Moreover, the module looks at selected case studies of various economic systems. |
| Mode: | Classroom |
| Short description: |
Topics covered in the module include: Introduction to the theory of economic systems. State and Economy - historical overview. Market efficiency and market failure. Interventionism and liberalism. Bi-dimensional classification of economic system. Different types of capitalist system. Social market economy and welfare state. Economic transformation in post-soviet countries. Socio-economic systems of selected developed countries (e.g. U.S., Sweden, Germany, Australia). Socio-economic systems of selected developing countries (e.g. China, India, Brazil). |
| Full description: |
Class unit outline: BLOCK 0 - organizational activities Credit requirements and organization of classes Literature Presentation of the class contents BLOCK 1 - socio-economic systems: an introduction Socio-economic systems: definitions, functions, classifications, structure State intervention in the economy - between liberalism and interventionism Functions of the state in the economy - what the state does in the economy and why Market efficiency and market failure Public goods (including global public goods) Economic systems and globalization processes Growth factors and business cycles BLOCK 2 - selected socio-economic systems and mechanisms of transformation Mechanisms of systemic transformation - shock therapy, gradualism, the role of structural adjustment and the Washington Consensus Systemic transformation in Poland - background, Balcerowicz plan, effects Liberalization of the economic system in selected developing countries - Brazil, India, South Africa Social market economy (ordoliberalism) and welfare state - fundamentals, history, examples, evolution, modern interpretations in highly developed and developing countries Market socialism - evolution of China's economic system Market capitalism (developmental capitalism) and the "developmental" state (developmental state) - Japan and East Asian economies (South Korea), contemporary interpretations in Africa (Botswana) and Asia (India) Capitalism - types, "glories and shadows", the future of capitalism, discussion: capitalism 3.0 and 4.0 BLOCK 3 - selected mechanisms of state economic policy in different systems State budget - history, revenues, expenditures, functions, medium-term expenditure planning, case study: Union budget of India Tax system - functions, types and classification of taxes, indirect and direct taxes, case study: history and evolution of value-added tax (VAT), Tobin tax and world tax proposals Central bank and monetary policy - functions and independence of the central bank, strategies and tools of monetary policy, case studies: Federal Reserve System, European System of Central Banks, National Bank of Poland, Reserve Bank of India Labour market regulation Social security systems Sustainable development policy |
| Bibliography: |
Acocella, N., Jones, B., Economic Policy in the Age of Globalisation, Cambridge Univeristy Press; Mishkin, F.S., The Economics of Money, Banking and Financial Markets, Pearson; Quere, A.B., Coeure, B., Jacquet, P., Pisani-Ferry, J., Economic Policy: Theory and Practice, Oxford University Press; Schneider, G., The Evolution of Economic Ideas and Systems: A Pluralist Introduction (Routledge Pluralist Introductions to Economics), Routledge; Tanzi, V., Government versus Markets: The Changing Economic Role of the State, Cambridge University Press; Stiglitz, J.E., Economics of the Public Sector, W.W. Norton & Co. |
| Learning outcomes: |
KNOWLEDGE: On completion of the unit students should be familiar with: ✓ current policy debates in contemporary macroeconomics ✓ basics of monetary policy, and its implications for the macroeconomics ✓ role of governments in economic systems ✓ theoretical and practical aspects of economic intervention ✓ various classifications of economic systems and their examples SKILLS: On completion of the unit students should be able to: ✓ look for data on economic intervention with regards to selected countries ✓ differentiate and classify economic systems of individual states COMPETENCES: On completion of the unit students should possess ability to: ✓ critically assess outcomes of government intervention ✓ assess the contemporary developments in major economies K_W01; K_W03; K_W05; K_U01; K_U02; K_U04; K_K03 |
| Assessment methods and assessment criteria: |
Completion of tasks on the kampus platform: 50% (50 points) of the final grade (5 x 10 points); Passing the final written examination: 50% (50 points) of the final grade; In order to complete the module students need to obtain a passing grade (more than 55% of the points) from all components of the assessment. |
| Practical placement: |
Non-applicable. |
Classes in period "Winter semester 2023/24" (past)
| Time span: | 2023-10-01 - 2024-01-28 |
 
MO TU W TH FR KON
|
| Type of class: |
Seminar, 20 hours
|
|
| Coordinators: | Karina Jędrzejowska | |
| Group instructors: | Karina Jędrzejowska | |
| Course homepage: | http://- | |
| Students list: | (inaccessible to you) | |
| Examination: |
Course -
Grading
Seminar - Grading |
|
| Type of course: | obligatory courses |
|
| Mode: | Classroom |
|
| Short description: |
Topics covered in the module include: Introduction to the theory of economic systems. State and Economy - historical overview. Market efficiency and market failure. Interventionism and liberalism. Bi-dimensional classification of economic system. Different types of capitalist system. Social market economy and welfare state. Economic transformation in post-soviet countries. Socio-economic systems of selected developed countries (e.g. U.S., Sweden, Germany, Australia). Socio-economic systems of selected developing countries (e.g. China, India, Brazil). |
|
| Full description: |
BLOCK 0 - organizational activities Credit requirements and organization of classes Literature Presentation of the class contents BLOCK 1 - socio-economic systems: an introduction Socio-economic systems: definitions, functions, classifications, structure State intervention in the economy - between liberalism and interventionism Functions of the state in the economy - what the state does in the economy and why Market efficiency and market failure Public goods (including global public goods) Economic systems and globalization processes Growth factors and business cycles BLOCK 2 - selected socio-economic systems and mechanisms of transformation Mechanisms of systemic transformation - shock therapy, gradualism, the role of structural adjustment and the Washington Consensus Systemic transformation in Poland - background, Balcerowicz plan, effects Liberalization of the economic system in selected developing countries - Brazil, India, South Africa Social market economy (ordoliberalism) and welfare state - fundamentals, history, examples, evolution, modern interpretations in highly developed and developing countries Market socialism - evolution of China's economic system Market capitalism (developmental capitalism) and the "developmental" state (developmental state) - Japan and East Asian economies (South Korea), contemporary interpretations in Africa (Botswana) and Asia (India) Capitalism - types, "glories and shadows", the future of capitalism, discussion: capitalism 3.0 and 4.0 BLOCK 3 - selected mechanisms of state economic policy in different systems State budget - history, revenues, expenditures, functions, medium-term expenditure planning, case study: Union budget of India Tax system - functions, types and classification of taxes, indirect and direct taxes, case study: history and evolution of value-added tax (VAT), Tobin tax and world tax proposals Central bank and monetary policy - functions and independence of the central bank, strategies and tools of monetary policy, case studies: Federal Reserve System, European System of Central Banks, National Bank of Poland, Reserve Bank of India Labour market regulation Social security systems Sustainable development policy |
|
| Bibliography: |
Acocella, N., Jones, B., Economic Policy in the Age of Globalisation, Cambridge Univeristy Press; Mishkin, F.S., The Economics of Money, Banking and Financial Markets, Pearson; Quere, A.B., Coeure, B., Jacquet, P., Pisani-Ferry, J., Economic Policy: Theory and Practice, Oxford University Press; Schneider, G., The Evolution of Economic Ideas and Systems: A Pluralist Introduction (Routledge Pluralist Introductions to Economics), Routledge; Tanzi, V., Government versus Markets: The Changing Economic Role of the State, Cambridge University Press; Stiglitz, J.E., Economics of the Public Sector, W.W. Norton & Co. MATERIALS FROM LECTURER'S PRESENTATIONS. |
|
| Notes: |
Lecturer's office hours: Fridays, 13.30-15.00, room 503, 4 Żurawia St., 4th floor, online: https://us02web.zoom.us/j/85858203440 |
|
Classes in period "Winter semester 2024/25" (future)
| Time span: | 2024-10-01 - 2025-01-26 |
MO TU W TH FR |
| Type of class: |
Seminar, 20 hours
|
|
| Coordinators: | Karina Jędrzejowska | |
| Group instructors: | Karina Jędrzejowska | |
| Course homepage: | http://- | |
| Students list: | (inaccessible to you) | |
| Examination: |
Course -
Grading
Seminar - Grading |
|
| Type of course: | obligatory courses |
|
| Mode: | Classroom |
|
| Short description: |
Topics covered in the module include: Introduction to the theory of economic systems. State and Economy - historical overview. Market efficiency and market failure. Interventionism and liberalism. Bi-dimensional classification of economic system. Different types of capitalist system. Social market economy and welfare state. Economic transformation in post-soviet countries. Socio-economic systems of selected developed countries (e.g. U.S., Sweden, Germany, Australia). Socio-economic systems of selected developing countries (e.g. China, India, Brazil). |
|
| Full description: |
BLOCK 0 - organizational activities Credit requirements and organization of classes Literature Presentation of the class contents BLOCK 1 - socio-economic systems: an introduction Socio-economic systems: definitions, functions, classifications, structure State intervention in the economy - between liberalism and interventionism Functions of the state in the economy - what the state does in the economy and why Market efficiency and market failure Public goods (including global public goods) Economic systems and globalization processes Growth factors and business cycles BLOCK 2 - selected socio-economic systems and mechanisms of transformation Mechanisms of systemic transformation - shock therapy, gradualism, the role of structural adjustment and the Washington Consensus Systemic transformation in Poland - background, Balcerowicz plan, effects Liberalization of the economic system in selected developing countries - Brazil, India, South Africa Social market economy (ordoliberalism) and welfare state - fundamentals, history, examples, evolution, modern interpretations in highly developed and developing countries Market socialism - evolution of China's economic system Market capitalism (developmental capitalism) and the "developmental" state (developmental state) - Japan and East Asian economies (South Korea), contemporary interpretations in Africa (Botswana) and Asia (India) Capitalism - types, "glories and shadows", the future of capitalism, discussion: capitalism 3.0 and 4.0 BLOCK 3 - selected mechanisms of state economic policy in different systems State budget - history, revenues, expenditures, functions, medium-term expenditure planning, case study: Union budget of India Tax system - functions, types and classification of taxes, indirect and direct taxes, case study: history and evolution of value-added tax (VAT), Tobin tax and world tax proposals Central bank and monetary policy - functions and independence of the central bank, strategies and tools of monetary policy, case studies: Federal Reserve System, European System of Central Banks, National Bank of Poland, Reserve Bank of India Labour market regulation Social security systems Sustainable development policy |
|
| Bibliography: |
Acocella, N., Jones, B., Economic Policy in the Age of Globalisation, Cambridge Univeristy Press; Mishkin, F.S., The Economics of Money, Banking and Financial Markets, Pearson; Quere, A.B., Coeure, B., Jacquet, P., Pisani-Ferry, J., Economic Policy: Theory and Practice, Oxford University Press; Schneider, G., The Evolution of Economic Ideas and Systems: A Pluralist Introduction (Routledge Pluralist Introductions to Economics), Routledge; Tanzi, V., Government versus Markets: The Changing Economic Role of the State, Cambridge University Press; Stiglitz, J.E., Economics of the Public Sector, W.W. Norton & Co. MATERIALS FROM LECTURER'S PRESENTATIONS. |
|
| Notes: |
Lecturer's office hours: Fridays, 13.30-15.00, room 503, 4 Żurawia St., 4th floor, online: https://us02web.zoom.us/j/85858203440 |
|
Copyright by University of Warsaw.
